Outsource Accounting Services

We, Independent Consulting Solutions Bermuda, have a striking presence as an accounting outsourcing company on a global level. We have been catering to small, mid, and large-scale businesses with our end-to-end offshore accounting and financial management services. Our expert team uses the top accounting tools and best practices to enhance finance and accounting operations. We help you keep things moving in your business finance and get a real-time view of your finance and accounts. Use a complete package to lay off accounting jobs wholly by outsourcing everything to our top accounting outsourcing company or simply outsource predefined Accounts management jobs to the experts to expand your existing accounting capacity.

We are also an ideal partner for handling one-time or occasional accounting jobs to keep your business competitive while dealing with the excessive workload during tax season or dealing with year-end accounting intricacies. You name it and we serve it with our extraordinarily skilled team of accounting professionals and experts.

Our Expertise

Bookkeeping Services

  • Setting Up a Chart of Accounts
  • Preparing and sending Invoices to customer
  • Recording receipts from customer
  • Verifying and recording bills from vendors
  • Payment to vendors
  • Processing employees’ pay and updating payroll file
  • Processing other tax-related reports
  • Recording depreciation and other adjusting entries
  • Allocating the account entries
  • Value-added bookkeeping
  • Month-end or year-end closing entries

Tax Preparation

  • Preparation of Individual Income Tax Returns (1040)
  • Preparation of Income Tax Returns of Fiduciaries (1041)
  • Preparation of Income Tax Returns of Non-profit Organizations (990)
  • Preparation of Income Tax Returns of Partnerships (1065)
  • Preparation of Income Tax Returns of C Corporations (1120)
  • Preparation of Income Tax Returns of S Corporations ( 1120S)
  • Preparation of Estate & Gift Tax Returns (706)
  • Preparation of IRS Forms including 433-A, 433-B, Form 433-F

Accounts Payable

  • Invoice scanning and storing
  • Invoice processing & approval
  • Expense allocation
  • Online payment approval
  • Payment Processing
  • Handling of vendor inquiries

Accounts Receivable

  • Order management
  • Customer billing
  • Recording payment from customer
  • Customer aging
  • Collections management
  • Cash forecasting & reporting

Management Reporting

  • Balance sheet
  • Income statement
  • Trial Balance
  • Cash flow statement
  • Bank reconciliation report
  • Detailed general ledger report
  • Fixed asset account management

Payroll Processing

  • Payroll setup
  • Payday calculations and direct deposits
  • Payroll taxes calculation and form filling
  • 941, 1099, 940, 944, and quarterly state tax returns
  • Reconciliation of Payroll with Quarterly returns

Result-oriented Solution

Streamline and Speedup Accounting with Our Accounting Outsourcing Services

Businesses often face challenges in managing accounting and financial department due to scattered data streams, slow processes, missing deadlines, and piling up accounting jobs. Accounting Outsourcing Services to Independent Consulting Solutions Bermuda will help you produce meaningful data, streamline accounting operations, and increase profitability. We have well-defined processes and the talent of our certified and highly experienced accounting experts to consolidate your business finances.

Focus more on your business competency while accounting professionals handle complete accounting and financial management for your firm.

Empower budgeting and cash flow planning based on more reliable and processed financial data to make better business decisions.

Our deep understanding of accounting tools and software and their consequential use for your business aids your growth at a faster success rate.

Accounting Outsourcing Services for higher revenue generation by taking advantage of on-time and meaningful data and actionable insight.

Access a varied skill set from a pool of talented accounting experts to scale up your business model with highly consistent and dependable accounting records.

We only partner with the best